The Princely Payoff of Preventive Maintenance

The buildings were unique for being a high-density rental community in what was then considered the suburbs. In the 1980s, five of the six-story buildings converted to a single 120-unit cooperative; the other nine buildings, with two different owners, remain rentals. Today, a proactive co-op board, keen to keep on top of repairs and upkeep, has charged president Matthew Ferraro with investigating the buildings’ physical condition, to see if he could anticipate the need for future work. Ferraro’s added value? He’s an architect by day. Read the article………….

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Community Associations Network (CAN) is the largest free resource for condominiums, homeowner (HOA) and property owner (POA) associations, Planned Unit Developments, Common Interest Developments (CID), and community associations, as well as the managers, attorneys, accountants, insurance agents and vendors that work with them. There are now over 13,000 articles and links to news items and articles available here. Use the search to find what you need. For copyright reasons, we can only use a short extract from the article before linking you to the full article.
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